Modern Health

Name

Modern Health

Legal name

Modern Life, Inc.

Website

https://modernhealth.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Workplace Mental Health Platform

NAICS

Offices of Mental Health Practitioners (except Physicians) (621330)

SIC

Services-Health Services (8000)

akta.pro primary industry

Employer Wellness & Population Health Programs (HLAEAAAH)

akta.pro secondary industry

Primary Care & General Medicine Virtual Care (Employer-Sponsored) (HLALADAA)

Keywords

• Workplace mental health
• Employee assistance program
• Mental health benefits
• Telehealth therapy
• Digital mental health

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Supply Chain, Others

Revenue model

1. Enterprise B2B Subscription (PEPM): Modern Health primarily generates revenue through B2B enterprise subscription contracts priced on a per-employee-per-month (PEPM) basis. Employers contract Modern Health as an employee benefit, paying a recurring subscription fee to provide mental health coverage to their workforce. The company also offers usage-based pricing alongside PEPM for flexibility.
2. Usage-Based Pricing Component: In addition to PEPM subscription pricing, Modern Health offers usage-based pricing options, allowing organizations to pay based on utilization levels. This hybrid approach is designed to accommodate different financial goals and organizational needs.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels14 records

Core offering

Modern Health is a digital mental health and well-being platform that delivers evidence-based care to employees through a single integrated system. Employers contract Modern Health on a per-employee-per-month (PEPM) subscription basis to provide their workforce with access to therapy, psychiatry, coaching, self-guided digital programs, peer-support Circles, crisis support, and specialized Pathways programs covering family care, substance use, and physical well-being.

Product overview

Modern Health is a unified workplace mental health platform offering comprehensive, evidence-based, equitable mental health care services worldwide. The platform provides a full spectrum of support through its Adaptive Care Model, ranging from self-guided digital tools (meditations, self-guided programs, On-Demand Circles) to structured clinical services (Pathways™ specialized one-on-one programs, coaching, therapy, and psychiatry). Key product components include the core Modern Health Platform, Pathways™ for specialized care needs, Circles for peer group support, FlexEAP for modernized employee assistance, Substance Use Care, Family Care (covering children, teens, and parents), Crisis Support, and Physical Well-Being Pathways. The platform serves employers, consultants, health plans, and individual members across 200+ countries with culturally responsive care in 80+ languages.

Differentiator

Problem solved

Functional benefit

Products and services

• Modern Health Platform A comprehensive digital mental health and wellbeing platform providing evidence-based, equitable mental health services worldwide from self-guided tools to crisis care, featuring a clinically integrated network of mental health and wellness providers offering coordinated care for enterprise employer clients.
• Pathways Specialized one-on-one care programs combining 4 modules with 1:1 sessions and self-guided exercises based on proven behavioral techniques, led by Pathway Specialists with advanced topic-specific certification.
• Circles Group-based peer support communities led by Modern Health providers, including On-Demand Circles available in multiple languages for global access to community support. Features Sober Curious Circles for substance use awareness.
• FlexEAP by Modern Health A modern Employee Assistance Program delivering fast access to high-quality mental health care with global equity for HR teams, combining Modern Health's adaptive care model, crisis support, full work-life resources, and a single elite provider network.
• Substance Use Care Comprehensive substance use support including proactive detection and outreach, clinical therapy with specialists, medication management support, high-touch care coordination for treatment facilities, and preventative education with Sober Curious Circles and habit-building coaching.
• Family Care Mental health support for the entire family from toddlers to teens to parents, including child and adolescent therapy, parent coaching, and specialized Family Care Pathways for parenting challenges.
• Clinical Therapy and Psychiatry Licensed clinical therapy and psychiatry services delivered through Modern Health's vetted provider network spanning 200+ countries and territories in 80+ languages, with all providers held to standardized clinical rigor.
• Coaching Services Evidence-based 1:1 coaching sessions with certified coaches providing scalable mental health support. Peer-reviewed research demonstrates meaningful reductions in depression and anxiety as well as gains in emotional skills following 2-3 coaching sessions.
• Physical Well-Being Pathways Specialized support programs addressing whole human health by integrating physical well-being with mental health support.
• Resilient Leadership Pathways A specialized Pathway program with four focused one-to-one sessions and dedicated Pathway Specialists to help current and emerging leaders build resilience, empathy, and confidence.
• Modern Health Mobile App iOS and Android mobile application providing access to all Modern Health services including therapy, coaching, Circles, meditations, and self-guided programs.

Quantifiable outcome

• $2.39 ROI per $1 invested based on reduced healthcare costs alone
• +12 more outcomes

Named customers25 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Nine partnerships are on record, tiered core, minor and flagship.

• Generali Health SolutionscoreStrategic or Co-development Partner · 16 July 2024Modern Health announced as the exclusive mental health partner for Generali Health Solutions, a major global insurance and financial services company's health solutions division. This exclusive partnership expands Modern Health's distribution through Generali's employer and individual customer base.
• Dr. Reena PandeminorOthers · 29 April 2024Dr. Reena Pande joined as a Clinical Advisor to Modern Health, offering expertise as the company expands its partnerships with employers, health plans, and other organizations.
• Dr. Samantha Meltzer-BrodyminorOthers · 29 April 2024Dr. Samantha Meltzer-Brody joined as a Clinical Advisor to Modern Health, lending clinical and academic expertise to support the company's expansion and care quality initiatives.
• Emily OsterminorGTM or Marketing Partner · 25 September 2023Economics professor and parenting author Emily Oster served as a keynote speaker at Modern Health's Elevate conference, contributing to the company's thought leadership and family care marketing efforts.
• KaramominorGTM or Marketing Partner · 25 September 2023Television personality Karamo (Queer Eye) served as a keynote speaker at Modern Health's Elevate conference, supporting the company's mission to destigmatize mental health and promote inclusive care.
• Abby WambachminorGTM or Marketing Partner · 25 September 2023Two-time Olympic gold medalist and soccer star Abby Wambach joined as a keynote speaker at Modern Health's Elevate conference, bringing athletic mental health advocacy to the Modern Health community.
• Sloane StephensminorGTM or Marketing Partner · 25 September 2023Professional tennis player and Grand Slam champion Sloane Stephens featured in The Real Me video series and participated in Elevate conference discussions about mental health and therapy.
• Naomi OsakaflagshipGTM or Marketing Partner · 2 May 2022Tennis champion Naomi Osaka partnered with Modern Health to destigmatize mental health care. The partnership includes a meditation series, The Real Me video series content, and joint event participation at the PLAY panel with Mattel. Naomi Osaka is one of Modern Health's highest-profile brand ambassadors.
• Women's Tennis Association (WTA)flagshipGTM or Marketing Partner · 2 May 2022Modern Health partnered with the WTA to create 'The Real Me' video series featuring professional tennis athletes (Sloane Stephens, Leylah Fernandez, Paula Badosa, Danielle Collins) sharing their mental health journeys. The partnership positions Modern Health as the WTA's mental health partner.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Spring Health: Spring Health is a leading employer mental health platform offering therapy, coaching, and psychiatry through a similar Adaptive Care-style model. Both companies sell into enterprise HR, leverage outcomes data for differentiation, and compete for large employer contracts.
• Calm Business: Calm Business is the B2B arm of Calm, offering employer-sponsored mindfulness, meditation, and mental wellness benefits. While less clinically deep than Modern Health, it competes for the same HR benefits budget and serves many overlapping enterprise customers.
• Talkspace: Talkspace provides online therapy and psychiatry services to enterprise clients and health plans. As a publicly traded mental health platform, it represents a comparable B2B virtual care model serving employer benefit programs alongside Modern Health.
• Lyra Health: Lyra Health is a direct competitor offering employer-sponsored mental health benefits combining therapy, coaching, and self-guided content. Both companies target enterprise HR/benefits buyers, use PEPM pricing, and compete for the same marquee customers like Lyft and Pinterest.
• Headspace Health: Headspace Health (formed by Headspace's merger with Ginger) competes directly with Modern Health in employer mental health benefits, offering B2B subscriptions (Headspace for Work) with meditation, therapy, and coaching. Both target HR leaders and emphasize evidence-based outcomes.

Emerging players

• Meru Health: Meru Health offers digital mental health programs with therapist-led treatment for depression, anxiety, and burnout, sold to employers and health plans. It overlaps with Modern Health's Pathways-style specialized care but is narrower in scope.
• Wysa: Wysa is an AI-driven mental health chatbot and coaching platform sold primarily to employers and health plans. While narrower in scope than Modern Health, it competes in employer wellness budgets with an emerging technology-led approach.
• Two Chairs: Two Chairs is a hybrid in-person and virtual therapy provider that partners with employers and health plans. While more localized, it competes for therapy-oriented mental health benefit dollars in overlapping geographies.
• BetterHelp: BetterHelp (owned by Teladoc) is a direct-to-consumer online therapy platform that has expanded into employer benefits. While primarily consumer-oriented, it represents a comparable virtual mental health delivery model competing in adjacent segments.

Broad incumbents

• Wellbe / Virgin Pulse: Virgin Pulse (now Personify Health) is a broader corporate wellness and engagement platform that includes mental health components. As a larger incumbent, it competes for employer wellness budget with a wider portfolio that complements or substitutes Modern Health's specialty offering.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat6 records

Key risks4 records

Key highlights7 records

Customer concentration

• Xx.com/modernhealthco
• Facebookfacebook.com/modernhealthco
• LinkedInlinkedin.com/company/modern-health
• Instagraminstagram.com/modernhealthco

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modern Health